SOLD STC
Agent Details
Residential Branch Manager
A RARE INVESTMENT OPPORTUNITY TO PURCHASE 2 X FLATS AND A BARBER SHOP
GROUND FLOOR FLAT TENANTED ACHIEVING £400PCM
FIRST FLOOR FLAT VACANT WITH POTENTIAL INCOME OF £400PCM
BARBER SHOP ACHIEVING £350PCM
VIEWINGS ESSENTIAL
PRIME LOCATION
For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, on 20th September at 6.30pm, remote bidding is also available via Telephone/Internet/Proxy A RARE OPPORTUITY TO PURCHASE A BUSINESS / 2 X FLATS
For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, on 20th September at 6.30pm, remote bidding is also available via Telephone/Internet/Proxy
A RARE INVESTMENT OPPORTUITY TO PURCHASE A BARBER SHOP THAT HAS TENANTS IN SITU AND 2 X FLATS. ONE IS VACANT AND RECENTLY BEEN UPDATED AND ONE IS TENANTED
Currently achieving £9,000 per annum
Potential rental income is £13,800 per annum
Barbers Shop currently achieves - £350pcm
Ground floor flat currently achieves - £400pcm
First floor flat has potential to achieve - £400pcm
This lot is to be sold altogether and will not be split as the properties sit on one title deed
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request).
Buyers Administration Fee
A buyers administration fee of £960 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendors solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.
Viewings
To view this lot, please contact the selling office, alternatively: This property could be listed on our viewing schedule which can be found in the auction catalogue or on our web site.
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.
Guide Price
An indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.
Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Location
Room Descriptions
BARBER SHOP
14'11" × 18'1" (4.57m × 5.53m)
Double glazed windows to front and side elevations. Laminate flooring
WC
9'2" × 2'6" (2.80m × 0.77m)
Low level WC. Base unit with roll top work surface incorporating sink and drainer
GROUND FLOOR FLAT
Hallway
Door to rear elevation. Boiler to wall. Radiator. Tiled flooring
Under Stairs Storage
2'6" × 8'4" (0.78m × 2.54m)
Tiled flooring
Shower Room
4'9" × 7'6" (1.45m × 2.30m)
Double glazed window to side elevation. Shower cubicle. Pedestal was hand basin. Low level WC. Chrome towel rail. Tiled flooring
Kitchen
7'4" × 8'4" (2.24m × 2.54m)
Double glazed window to side elevation. Range of matching wall and base units with roll top work surfaces incorporating sink and drainer. Plumbing for washing machine. Integrated oven, hob with extractor over. Tiled flooring
Lounge
17'1" × 12'11" (5.21m × 3.96m)
Double glazed window to side elevation. Feature fireplace with electric fire. Radiator. Fitted carpet. Access to storage
Stairs giving access to bedroom
Master Bedroom
7'0" × 11'6" (2.14m × 3.53m)
Double glazed window to side elevation. Radiator. Fitted carpet
Exterior
Courtyard with gated access
Brick Built Storage
3'4" × 3'0" (1.02m × 0.93m)
UPVC door to front elevation
FIRST FLOOR FLAT
Lounge / Kitchen
14'1" × 17'6" (4.31m × 5.35m)
Two double glazed windows to front elevation. Double glazed window to side elevation. Feature fireplace with electric fire. Range of matching wall and base units with roll top work surfaces incorporating sink and drainer. Integrated oven, hob and extractor over. Under counter fridge freezer. Tiled splash backs. Fitted carpet
Bathroom
5'1" × 5'1" (1.56m × 1.55m)
Pedestal wash hand basin. Low level WC. Tiled flooring. Access to utility area
Utility Area
4'8" × 3'1" (1.43m × 0.95m)
Boiler to wall. Plumbing for washing machine. Tiled flooring
Master Bedroom
9'10" × 16'9" (3.00m × 5.13m)
Double glazed window to side elevation. Shower cubicle. Radiator. Tiled flooring to shower area. Fitted carpet
Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)
Buyers Administration Fee
A buyer’s administration fee of £960 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date
Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website www.buttersjohnbee.com. Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them
Viewings
This property is listed on our viewing schedule which can be found in the auction catalogue or on our web site
Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction
Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction
Agent Details
Residential Branch Manager